Bitcoin Drops 6.9% To Below $30,000; Ether Slips 7.5%

Bitcoin, the world's biggest and best-known cryptocurrency, dropped 6.9% to $29,555.35 on Wednesday, losing $2,262.81 from its previous closing price

Bitcoin, the world's biggest and best-known cryptocurrency, dropped 6.9% to $29,555.35 on Wednesday, losing $2,262.81 from its previous closing price, Qazet.az reports.

It was down 38.9% from the year's high of $48,234 on March 28.

Ether, the coin linked to the ethereum blockchain network, dropped 7.52% to $1,794.68, losing $145.87 from its previous close.